NOT LISTED FOR SALE

4059 W Cermak Rd Chicago, IL 60623

North Lawndale Neighborhood
7 Beds
3 Baths
2,008 Sq Ft
3,485 Sq Ft Lot

Last Sold February 28, 2022

Last sale price $200,000 $100 Per Sq Ft

4 Days on Market

About This Home

As of February 2022

Two unit building with a garden apartment that is fully occupied with MONTH TO MONTH TENANTS. Tons of upside potential in INCREASING rents and updates to the units. Huge apartments that will rent easily. Great location and quick access to the expressway and downtown. Showing to pre approved buyers only. Cash, 203K, Rehab loans and Conventional financing ONLY. Sold As-Is. CAN NOT CONFIRM GARDEN UNIT IS A LEGAL UNIT. Previous buyer got cold feet ***TOP FLOOR ONLY***

Last Agent to Sell the Property

Warnita Taylor

Taylor Realty Partners LLC License #471020573 Listed on: 01/05/2022

Co-Listed By

Ryan Lockett

Chicagoland Brokers Inc. License #475195827

Last Buyer's Agent

Eva Bergant

@properties Christie's International Real Estate License #475123962

@properties Christie's International Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,601

Year Built

  • Built in 1910

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 25x125

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 3 Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 3 Units
  • Gross Income $24,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,601

Year Built

Built in 1910

Lot Details

3,485 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1910
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • MRD_AP1: Refrigerator
  • MRD_AP2: Refrigerator
  • MRD_AP3: Refrigerator
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 7
  • Basement Description: Finished
  • Below Grade Bedrooms: 0

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Lot Info

  • Lot Size Acres: 0.08
  • Lot Dimensions: 25X125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Multi Family

  • GrossIncome: 24000
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 2601
  • Tax Year: 2020
  • Tax Exemptions: None
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2022 02/28/22 Sold $200,000 0.0% $100 / Sq Ft
01/10/2022 01/10/22 Pending -- -- --
01/05/2022 01/05/22 For Sale $200,000 -- $100 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,117 $19,071 $5,075 $13,996
2024 $2,117 $19,071 $5,075 $13,996
2023 $2,064 $10,001 $4,113 $5,888
2022 $2,064 $10,001 $4,113 $5,888
2021 $2,017 $9,999 $4,112 $5,887
2020 $2,601 $11,638 $4,112 $7,526
2019 $2,697 $13,377 $4,112 $9,265
2018 $2,651 $13,377 $4,112 $9,265
2017 $4,082 $18,898 $3,675 $15,223
2016 $3,785 $18,898 $3,675 $15,223
2015 $3,463 $18,898 $3,675 $15,223
2014 $2,747 $14,805 $3,500 $11,305
2013 $2,693 $14,805 $3,500 $11,305
Source: Public Records

Agents Affiliated with this Home

  • Warnita Taylor

    Seller's Agent in 2022

    Warnita Taylor

    Taylor Realty Partners LLC

    (312) 890-9910

    1 in this area

    78 Total Sales

    Warnita Taylor
    Section Image
  • Ryan Lockett

    Seller Co-Listing Agent in 2022

    Ryan Lockett

    Chicagoland Brokers Inc.

    (815) 514-7756

    1 in this area

    39 Total Sales

    Ryan Lockett
    Section Image
  • Eva Bergant

    Buyer's Agent in 2022

    Eva Bergant

    @ Properties

    (312) 543-6819

    2 in this area

    14 Total Sales

    Eva Bergant
    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11298463

Midwest Real Estate Data (MRED)

APN: 16272050070000

Illinois Cook County Chicago 60623 North Lawndale

4059 W Cermak Rd, Chicago, IL

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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